Noteworthy Tuesday Option Activity: ACRE, ECPG, PPG
July 20, 2021 at 15:37 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ares Commercial Real Estate Corp (ACRE), where a total volume of 3,024 contracts has been traded thus far today, a contract volume which is representative of approximately 302,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.2% of ACRE's average daily trading volume over the past month, of 716,970 shares..
